UK businesses get Chinese boost

British firms led by oil giant BP gained a stronger foothold in China today by clinching deals worth more than $1.5bn (€1.2bn).

UK businesses get Chinese boost
Tue, 11 May, 2004 - 15:12

British firms led by oil giant BP gained a stronger foothold in China today by clinching deals worth more than $1.5bn (€1.2bn).

At a signing ceremony in London today, BP agreed to invest around $827m (€699m) to build and operate 500 petrol stations in the world’s most populous nation.

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